Changshu Tongrun Auto Accessory Co (SHSE:603201) Days Sales Outstanding : 84.33 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Changshu Tongrun Auto Accessory Co Days Sales Outstanding?

Changshu Tongrun Auto Accessory Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥727 Mil. Changshu Tongrun Auto Accessory Co's Revenue for the three months ended in Sep. 2024 was ¥786 Mil. Hence, Changshu Tongrun Auto Accessory Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 84.33.

The historical rank and industry rank for Changshu Tongrun Auto Accessory Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603201' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.63 Med: 71.74 Max: 85.01
Current: 85.01

During the past 6 years, Changshu Tongrun Auto Accessory Co's highest Days Sales Outstanding was 85.01. The lowest was 65.63. And the median was 71.74.

SHSE:603201's Days Sales Outstanding is ranked worse than
74.07% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs SHSE:603201: 85.01

Changshu Tongrun Auto Accessory Co's Days Sales Outstanding increased from Sep. 2023 (61.68) to Sep. 2024 (84.33).

Changshu Tongrun Auto Accessory Co Days Sales Outstanding Historical Data

The historical data trend for Changshu Tongrun Auto Accessory Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Changshu Tongrun Auto Accessory Co Days Sales Outstanding Chart

Changshu Tongrun Auto Accessory Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

69.58

70.75

65.63

72.88

73.16

Changshu Tongrun Auto Accessory Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial													61.68	91.95	89.30	76.59	84.33

Competitive Comparison of Changshu Tongrun Auto Accessory Co's Days Sales Outstanding

For the Auto Parts subindustry, Changshu Tongrun Auto Accessory Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Changshu Tongrun Auto Accessory Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Changshu Tongrun Auto Accessory Co's Days Sales Outstanding falls into.

Changshu Tongrun Auto Accessory Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Changshu Tongrun Auto Accessory Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (501.537	+	601.491)	/	2 )	/	2751.659	*	365
=	551.514					/	2751.659	*	365
=	73.16

Changshu Tongrun Auto Accessory Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (740.13	+	713.527)	/	2 )	/	786.478	*	365 / 4
=	726.8285					/	786.478	*	365 / 4
=	84.33

Changshu Tongrun Auto Accessory Co (SHSE:603201) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Changshu Tongrun Auto Accessory Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Changshu Tongrun Auto Accessory Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Changshu Tongrun Auto Accessory Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changshu Tongrun Auto Accessory Co Ltd (SHSE:603201) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Xinlongteng Industrial Park, Economic Development Zone, Jiangsu Province, Changshu, CHN

Website

http://www.tongrunjacks.com

Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts and other automotive maintenance equipment and tools.

Executives

	Directors, senior managers
Shi Xiao Ming	Director
Zhu Wei	Directors, senior managers
Wang Xiong Ping	Directors, senior managers
Chen Jiang	Directors, senior managers
Li Xue Jun	senior management
Lu Xin Jun	Director
Zhou Ke Shu	senior management
Shen Min	senior management

Changshu Tongrun Auto Accessory Co Headlines

No Headlines